HashKey Capital's fourth fund has raised $250 million in its first round of funding.

According to Mars Finance, HashKey Capital officially announced the completion of its first round of fundraising for its fourth fund, HashKey Fintech Multi-Strategy Fund IV, raising $250 million. The fund's ultimate asset management target is $500 million. HashKey Capital stated that the fund will adopt a multi-strategy investment approach, focusing on infrastructure, scalability, and application scenarios geared towards large-scale adoption. The fund will combine public market strategies with cross-industry opportunities that can generate liquidity to capture structural efficiency mismatches in the digital asset industry; it will also invest in innovative projects through the private market to further enhance alpha returns.